Bought with Apex Residential & Commercial
$191,978
$195,000
1.5%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
2,492 SqFt
SOLD DATE : 09/28/2016
Key Details
Sold Price $191,978
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,492 sqft
Price per Sqft $77
Subdivision Clows
MLS Listing ID RX-10246540
Sold Date 09/28/16
Bedrooms 8
Full Baths 4
Construction Status Resale
HOA Y/N No
Abv Grd Liv Area 20
Year Built 1960
Annual Tax Amount $2,938
Tax Year 2015
Lot Size 6,000 Sqft
Property Description
Great investor opportunity in Historic Progressive North WPB. Four, two bedroom, one bath units each separately metered for water and power in a quiet, courtyard setting. New plumbing, electrical and sewer lines (fall 2014). Located within blocks of City Place, Kravit Center and downtown West Palm Beach. Excellent rental history, units rarely vacant. Projected rents for neighborhood range from $700-$725 per month. Adjacent parcels identical in unit mix also for sale for a total of 12 units. Nice starter or addition to portfolio. Rare opportunity to pick up 12 units together in 3 quadriplexes! Double digit cap rates. All highest and best offers, subject to interior inspection due on or before 5 pm 8/8/16 and will be responded to on 8/9. Do not disturb tenants, please. Review all MLS docs.
Location
State FL
County Palm Beach
Area 5420
Zoning NWD-2
Interior
Heating Window/Wall
Cooling Wall-Win A/C
Flooring Carpet, Ceramic Tile
Exterior
Exterior Feature Open Porch
Utilities Available Public Sewer, Public Water
Amenities Available None
Waterfront No
Waterfront Description None
View Garden
Roof Type Built-Up
Parking Type Open Parking
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1.0
Foundation CBS
Construction Status Resale
Schools
Elementary Schools Roosevelt Elementary School
Middle Schools Conniston Middle School
High Schools Forest Hill Community High School
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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